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Simply a numbers game, and they never lie... More or less, how much do you want or need to make? Then go try and find something to meet that figure.

as always, the highest offer isn't necessarily the best...better start saving up! :D

Well, most people usually want to KEEP their home...you can show them the numbers all you want, but their emotional ignorance says they'd still keep it...

well, they can't exactly just say "sorry you're all screwed, "insurance" or not..." that would put a good panic on the sheeple wondering if their bank may be next...can't have THAT happen now can we :p

Bridge banks now...gee, just open another one even if for a bit ;)

You buy and sell when you need to. There will always be suckers to buy out there...case in point the nice upswing before the "tax credit" was ultimately extended last month. See how many of those fall behind in the next year or two...because they "had to buy." Not only that, there are...

^^This. Although it can get worse, but either way the smart ones will buy low enough and be able to make the profit irregardless. First round was those who overbought, period. Second round now are those who tried to jump in but still overbought for the most part (price + repairs = too...

this makes at least some sense. I'm finding through my routes and inspections the vacant homes a lot of times are just filled with worthless junk. Literally. Not worthless as in it's no longer usable and pretty old, although a little of it is. Worthless as in it was junk pretty much to begin...

in the comments: "It reminded me of the Pharoahs building the pyramids with slave labour."

Well smug in a small manner. I do intend to pay in the end. Part of the issue is what state you're in and its laws governing this stuff. First off, my statute is 7 years...I'm not going to let it stretch that far. Second, I realize the state we're in with things so I can take advantage...

Defaulted a while ago and around $40K. Missed a couple of payments, things skyrocketed out of control, etc. so I just stopped...otherwise I was throwing away money into nothing in the end. Settlements could get the results at around $18K total if done right and based on what I've been...

how do you know? lol

unless they are a relatively close friend. Then you usually know their situation. Even still, same rules apply if you find out you're getting had :D

Most of the specials were nothing much anyway. Sure I got a couple of things but that was it...and some clothing which is always going to be around and at different low prices. My BF shopping took a grand total of 45 minutes. 25 online and 20 in store.

or until you just dump it. Nothing wrong per say of being 5-10% underwater right now if you have no intentions of going anywhere...except you just can't pull anything out anymore or refi. Staying in the home for 10-15 years and able to pay OK, well fine. You just leave yourself open to that...

This was the tag in the NYPost article: "The bank is involved in a similar case in California, where it's trying to foreclose on an 89-year-old woman, despite two court orders telling it to stop."

This comes on the recent heels of Judge Long in the Mass. Land Court also invalidating a couple of old foreclosures because the "holders" of the note couldn't produce such...but also possibly tying up foreclosures in Massachusetts in general...

Andrew Lord, an outside spokesman for Without Walls, and Steven Houbeck, an attorney representing Ambassadors International, didn’t return telephone calls seeking comment. Ambassadors International filed for bankruptcy protection in July. Understanding the Customer ECCU executives say...

Do you bailout God now? :confused: http://www.bloomberg.com/apps/news?pid=20601109&sid=aXnAf2.X3z4o&pos=10 Nov. 18 (Bloomberg) -- Mark Holbrook helped fuel a church construction boom by originating more than $3 billion of mortgages in the past decade, transforming a $2 million credit...

does that mean double the time to get your money back if it fails? :p